Advertisements
Advertisements
Question
That part of the authorised capital which is actually issued to the public for subscription is called ______.
Options
Subscribed capital.
Issued capital.
Authorised capital.
Reserve capital.
MCQ
Fill in the Blanks
Advertisements
Solution
That part of the authorised capital which is actually issued to the public for subscription is called issued capital.
Explanation:
Issued Capital is the part of the Authorised Capital that a company actually offers to the public for subscription. It may be equal to or less than the Authorised Capital.
shaalaa.com
Is there an error in this question or solution?
